4602 E 10th St - Medical FOR SALE


Indianapolis, IN 46201- Near Eastside
$225,000 USD
317-282-7200
4602 E 10th St, Indianapolis, IN for Sale
$225,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

4602 E 10th St
Indianapolis, IN 46201
Near Eastside


HIGHLIGHTS

  • Two-unit commercial building in the Near Eastside, offering strong flexibility for owner-occupancy or investment
  • Recently renovated unit with modern updates including new furnace, electrical wiring, drywall, flooring and more.
  • Basement storage space not included in main square footage, offering additional functional area.
  • Compact lot size and vintage building (built in 1928) with modernized interior blends character with potential value-add.

OVERVIEW

Situated on a compact 0.06-acre lot in Indianapolis’ Near Eastside, this well-positioned commercial building offers approximately 2,411?sq?ft of space and is zoned C-4 for general commercial use. Constructed in 1928, the structure is divided into two roughly equal units — one fully renovated with modern updates including a new furnace, wiring, drywall, and flooring; the second unit is currently leased to a cooking-kitchen tenant under a short remaining lease term. A basement provides additional storage beyond the listed square footage. Priced at $225,000, this asset presents an ideal opportunity for either owner-occupancy or investment, with the flexibility to maintain income or reposition the space for higher use once the existing lease term expires.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,770 SF

ZONING

ZO01

APN/PARCEL ID

49-07-33-152-001.000-101

ASK ABOUT THIS PROPERTY

Earlita WebsterF. C. Tucker Company, Inc.,More Info
317-282-7200

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Earlita WebsterF. C. Tucker Company, Inc.,More Info
317-282-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.